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OPEC

Pump jack and pipes are seen on an oil field near Bakersfield on a foggy day, California

US oil slips 0.97 pct after hitting 2016 highs

14/04/2016(0)
Oil gave up short-lived gains following mixed U.S. government data that showed a bigger-than-expected build in crude stockpiles, rising gasoline demand, and falling oil production. Brent crude was down 61 ... Read More
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Goldman Sachs warns Opec meeting in Doha will not deliver ‘bullish surprise’ for oil prices

12/04/2016(0)
The meeting of oil producing nations scheduled at the end of the week in Doha was unlikely to result in a “bullish surprise” for oil prices, Goldman Sachs has ... Read More
High-gas-prices

Oil Prices Soar After Inventory Data

07/04/2016(0)
Chinese economic gauge also shows quicker-than-expected improvement Oil prices rallied Wednesday on an unexpected decline in U.S. crude stockpiles. Light, sweet crude for May delivery settled up $1.86, or ... Read More
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Can A Divided OPEC Agree On Anything In Doha?

06/04/2016(0)
Only two weeks remain until the fated meeting between the OPEC countries and their counterparts from outside the organization, scheduled to take place in the Qatari capital of Doha ... Read More
Worker grabs a nozzle at a petrol station in Tehran

Looming gasoline glut pulls down global crude oil prices

05/04/2016(0)
Oil prices dropped for a third session on Tuesday, as weakening demand for gasoline and persistent doubts on whether crude producers will be able to reach an agreement to ... Read More
markets

Asia markets rise; Japanese yen maintains 111 handle versus dollar

04/04/2016(0)
Asian markets were mixed Monday, with Japanese shares losing ground on the back of a lower dollar/yen pair, which has hovered at the 111 level since Friday. Australia’s ASX 200 was ... Read More
Oil-Price-Fell

Iran Said to Attend Doha Talks Without Joining Oil Freeze

30/03/2016(0)
All OPEC members except Libya now scheduled to attend talks Russia will join meeting while Argentina, Brazil declined Iran will attend talks with fellow OPEC members and Russia in ... Read More
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India to OPEC: We’ll take that extra oil you’re pumping

30/03/2016(0)
India’s got an oil problem. The country’s lightning-fast growth rate is fueling increased demand for crude. Yet India doesn’t pump much oil at home, forcing it to rely on ... Read More
Pump jack and pipes are seen on an oil field near Bakersfield on a foggy day, California

Oil prices fall 3 percent as investors focus again on glut

30/03/2016(0)
Oil prices fell about 3 percent on Tuesday, reflecting growing concern that a two-month rally was fading as demand fails to keep up with swelling global supply, including new ... Read More
Derricks at Yuganskneftegaz oil processing facility at Mamontovskoye oilfield outside the Siberian ...

Oil prices tumbled 4 percent; U.S crude settling below the key $40 per barrel

24/03/2016(0)
Oil prices tumbled 4 percent on Wednesday, with U.S crude settling below the key $40 per barrel mark after a sixth straight week of record highs in stockpiles that ... Read More
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